2931 Phillips Ave, Burnaby, BC, MLS® R2997888

$2,290,000
Est. Mortgage /mo

$2,290,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
7 Beds
4 Baths
2 Stories
lot 7309 sqft
4213 sqft
1988 built
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Map
Street view
Schools
Crime
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2931 Phillips Ave, Burnaby, BC | MLS® R2997888 Property Details

A very desirable home located in the sought out Montecito neighborhood sitting on a 7309 sqft lot with an amazing living space of 4213 sqft. It comes in 2 storey and a basement featuring 7 beds 4 full baths with a huge recreation room and game room. House is well kept and maintained by owner since new in original conditions so please bring your renovation ideas. Walking distance to Skytrain, buses, Camrose Park, Montecito elementary school and Burnaby North Secondary School. Do not miss out on this opportunity to name this your dream home.

General Info

Price $2,290,000
Total Bedrooms 7
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 4213
Lot Size 7309
Lot Size Depth Feet
Lot Size Frontage 80.02
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1988
Age Of Building 37
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2997888
Area Burnaby North
Neighbourhood Montecito
City Burnaby
Gross Taxes $6,861.76
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 2
Heating Type Baseboard, Hot Water

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Front Access, Garage Door Opener
Total Parking Spaces 2

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites -
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer
Roof Concrete

Property History

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Status Date Price
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Listed by: Jovi Realty Inc. & Jovi Realty Inc.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Burnaby North Secondary School
2.79 km
No Rating
Elementary
Montecito Elementary School
Average
0.74 km
Rating 6.8/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Burnaby Montessori School
2.2 km
No Rating
Elementary, Secondary
Deer Lake School
3.13 km
No Rating

Closest Transit

Translink
Eastbound Lougheed Hwy @ Bainbridge Ave
0.48 km

Welcome to 2931 Phillips Avenue, a beautiful home located in the heart of Burnaby, BC, proudly listed with MLS® R2997888. As we explore this fantastic community, I'd like to start by highlighting the excellent schools in the area.

Just down the road, you'll find Montecito Elementary School, which has a rating of 6.8/10. This school is a mere 0.74 km away from our property, making it a convenient and safe option for families. With a diverse range of extracurricular activities and a strong focus on academic excellence, Montecito Elementary School is a top choice for many families in the area.

In addition to Montecito Elementary, our home is also serviced by Burnaby North Secondary School, which is located 2.79 km away. While this school doesn't have a rating, it's a well-established institution that provides a solid education to its students.

For those looking for an alternative learning environment, the closest elementary independent school is Burnaby Montessori School, which is located 2.2 km from our property. This school offers a unique and child-centered approach to learning, making it an excellent option for families seeking a different educational experience.

As we delve into the community, I'd like to discuss the local crime statistics. According to the latest data from Statistics Canada (2020), there were 15,851 reported disturbances in the area surrounding our home. The overall crime rate is 6,145.56, which is considered Below Average compared to other Canadian cities. This is great news for families and individuals looking for a safe and secure living environment.

In terms of specific crime types, the area has a Below Average rate of drug-related crimes, with an incidence rate of 126.78. This is a testament to the community's commitment to keeping its streets safe and free from illicit activities. Property crimes are also Average, with a rate of 3,691.76. While there were 9,522 reported incidents in 2020, the overall trend is a decrease of 17.54% in property misconduct rates over the past few years.

Regarding violent crimes, the area has a Low rate of 893.28, which is far below the national average. This is a reassuring statistic for families and individuals looking for a secure place to call home.

Now, let's talk about transportation. The closest bus station is the Eastbound Lougheed Hwy @ Bainbridge Ave, which is a mere 0.48 km away from our property. This makes it easy to get around the city without a car, and with the TransLink system, you can easily connect to other parts of Metro Vancouver.

In terms of demographics, our community is a diverse and vibrant one. According to the latest census data, 29.3% of the population in this area hold a university certificate or degree, which is Above Average compared to other BC neighborhoods. On the other hand, 12.7% of the population in this area have no certificate or degree, which is Below Average compared to the average in BC.

As for income, the median household income in the area is $70,304, which is Average compared to the British Columbia average. Meanwhile, the median personal income is $30,878, which is Below Average compared to the BC average. The percentage of households with a mortgage is 48.6%, which is Below Average.

Regarding employment, the unemployment rate in the area is 6.2%, which is Below Average compared to other province neighborhoods.

In terms of growth, the population change between 2011 and 2016 was 0.3%, which is Average compared to the average growth rate of this region. The population density per square kilometer is 3,037.5, which is Above Average compared to other areas.

Now, let's talk about family dynamics. The average size of families in the area is 2.9, which is Average compared to the whole region. The percentage of families with children is 68.1%, which is Above Average. Meanwhile, the percentage of married or living common law is 56.5%, which is Average.

As for the age of the population, the average age is 42.2, which is Average compared to other BC cities.

Finally, let's talk about real estate. The average value of dwellings in the area is $1,025,057, which is High compared to other areas in British Columbia. The average owner payments are Above Average in the area, with owners spending an average of $1,396 for their dwellings. Tenants, on the other hand, are paying an average of $1,235, which is Above Average compared to other cities.

In terms of ownership, 39.3% of the population in the area are renters, which is Above Average compared to other BC cities and areas. As for languages

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,290,000
Burnaby $2,150,000
Montecito No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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